Industrial Controls Market – Trends Forecast Till 2030

The global Industrial Controls market size was estimated at USD 140 billion in 2023 and is projected to reach USD 239.9354 billion in 2030 at a CAGR of 8% during the forecast period 2023-2030.

Industrial controls systems refer to various automation devices, machines and equipment used in industry. They are developed to better control and monitor industrial processes and automate tasks to increase efficiency and reliability while improving quality. These systems include a variety of controls systems such as supervisory control and data acquisition or SCADA, programmable logic controllers or PLCs, and distributed controls systems or DCS.

They can help automate processes, critical infrastructure or remote monitoring and management. They also help collect data from remote devices, monitor the operation of distributed factories, and perform automated electromechanical processes. Rapid adoption of cloud-based services and growing automation trends in industry are important factors for the global industry. Market dominance. Automation helps industries achieve better accuracy and quality while reducing costs.